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Glassnode: DOGE futures open interest rose by 63.9% over the past week, and speculative sentiment remains high.
BlockBeats news, on May 13, Glassnode data shows that although DOGE has retreated from recent highs, the futures open interest is still rising, increasing by 63.9% over the past week (from $989 million to $1.62 billion). This divergence indicates that even though price momentum is weakening, speculative positions in the market are still increasing.